• KFH Capital Investment Company K.S.C(Closed) whose address is at P.O. Box 3946 Safat 13040 Kuwait. hereinafter referred to for the purposes of this agreement as “the Company”
Whereas the Customer wishes to trade in shares and financial instruments of companies listed on stock exchanges in Kuwait ,Arab region and the world, and also in commodities & currency market in accordance with Islamic Sharia law. Wishes to appoint MIC as agent for providing him with trading, execution, clearing and settlement services. And whereas the Company accepts the appointment for performing the execution, clearing and settlement services for shares traded by the Customer according to the terms and conditions hereinafter set forth. KFH Capital Investment KSC(Closed) shall provide the conditions and the provisions governing the customer's account for trading and apply to all the terms and provisions of this Agreement to all transactions conducted on the trading account or online via the company's website - www.kfhtrade.com or any other channels.
If you are a member of the board of directors or have an access to the financial statements and inside information of any of companies listed in Boursa Kuwait or any other financial markets, please list them below
In compliance with the instructions issued by the regulatory authority, you are kindly requested to specify your classification whether you are a regular client, a professional client by nature or a qualified professional client by checking on of the criteria that you you feel accurately reflects your choice to be assigned to this classification
Qualified Professional Client (the client declare her/his acceptance of the implications of this classification mentioned in the below appendix)
KFH Capital Investment Company confirms its compliance with the provisions of the Capital Markets Authority Law and its Executive Regulations, which stipulate that the licensed person shall perform classification procedures for their clients and based on the client’s choice in the previous paragraph, and type of classification, they are dealt with according to the regulatory requirements of the Capital Markets Authority (CMA) regarding the classification of clients.
Do you have International mailing/ residential address outside Kuwait (if applicable)?
Do you have an International telephone number outside Kuwait (if applicable)?
Have you given permanent instructions to transfer any amounts to an account?
For permanent instructions to transfer funds, we recommend to add a field to identify the Country receiving such funds
If the Account Holder is tax resident in more than three countries/jurisdictions, please use a separate sheet. If a TIN is unavailable please provide the appropriate reason A,B or C where indicated below:
Reason A - The country/jurisdiction where the Account Holder is resident does not issue TINs to its residents
Reason B – The account holder is otherwise unable to obtain a TIN equivalent number (Please explain why you are unable to obtain a TIN in the below table if you have selected this reason)
Reason C - No TIN is required. (Note. Only select this reason if the domestic law of the relevant jurisdiction does not require the collection of the TIN issued by such jurisdiction)
Are you an American Citizen? (If yes, please provide us with Form W-9 and your Taxpayer Identification Number (TIN))
I understand that the information supplied by me is covered by the full provisions of the terms and conditions governing the Account Holder’s relationship with KFH CAPITAL setting out how KFH CAPITAL may use and share the information supplied by me. I acknowledge that the information contained in this form and information regarding the Account Holder and any Reportable Account(s) may be provided to the tax authorities of the country/jurisdiction in which this account(s) is/are maintained and exchanged with tax authorities of another country/jurisdiction or countries/jurisdictions in which the Account Holder may be tax resident pursuant to intergovernmental agreements to exchange financial account information. I certify that I am the Account Holder (or am authorized to sign for the Account Holder) of all the account(s) to which this form relates. I declare that all statements made in this declaration are, to the best of my knowledge and belief, correct and complete. I undertake to advise KFH CAPITAL within 30 days of any change in circumstances which affects the tax residency status of the individual identified in Part 1 of this form or causes the information contained herein to be come in correction complete, and to provide KFH CAPITAL with a suitably updated self-certification and Declaration within 30 days of such change in circumstances, without the least liability on the Company regarding my declared details. FI, the undersigned, hereby certify that the provided information is true, correct and complete, as well as the submitted documents, and I further undertake to inform KFH Capital Investment Company (KFHC) in writing of any changes to such information, and update it whenever requested or annually, without any responsibility to KFH Capital. I hereby confirm the validity of the data provided to the Company and on the basis of my optional classification I am aware of my type of classification at KFH Capital. If I fail to comply with one of these criteria, I hereby undertake to notify KFH Capital for this standard immediately.